#1
15th April 2017, 12:49 PM
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Global Alliance Bank Of America
Hi buddy I heard Bank of America is in a "global alliance" is it so , will you plz tell me its related info here ??
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#2
15th April 2017, 01:02 PM
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Re: Global Alliance Bank Of America
Bank of America is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina. Yes , Bank of America is in a "global alliance" with other banks in Europe (Barclays in the UK, BNP Paribas in France, BNL in Italy, Deutsche Bank in Germany) that allows you to avoid a $5 fee when using their ATMs. Bank profile : Type Public company Traded as NYSE: BAC S&P 100 Component S&P 500 Component Industry Banking, Financial services Predecessor Bank America NationsBank Founded October 17, 1904; 112 years ago (as Bank of Italy) February 1930; 87 years ago (as Bank of America) October 1998; 18 years ago (current) Founder Amadeo Giannini Headquarters Charlotte, North Carolina Number of locations 4,600 retail financial centers & approximately 15,900 automated teller machines Area served Worldwide Key people Brian Moynihan (Chairman and CEO) Products Consumer banking, corporate banking, insurance, investment banking, mortgage loans, private banking, private equity, wealth management, credit cards, Revenue US$83.701 billion (2016) Net income US$17.906 billion (2016) AUM US$886.148 billion (2016) Total assets US$2.187 trillion (2016) Total equity US$266.84 billion (2016) Number of employees 208,000 (2016) Divisions Bank of America Home Loans, Bank of America Merrill Lynch Subsidiaries Merrill Lynch Merrill Edge U.S. Trust Capital ratio 10.8% (2016) Rating Long Term Senior Moody's: Baa1 (10/2016) S&P: BBB+ (10/2016) Fitch: A (10/2016) |
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